Level 1 & 2/20 Gilbert Street,
Adelaide, SA 5000
Shops & Retail
Key property information
Floor area
Leased on
Ray White - Norwood RLA 278530
249 Greenhill RoadDULWICH, SA 5065
08 7078 58...
Level 1 & 2/20 Gilbert Street
Adelaide, SA 5000
Map
Blue Venus Cocktail Bar - 2 levels - UNDER CONTRACT
Lease assignment & fitout for sale - Price Negotiable
Turnkey opportunity to take over this new popular licensed bar/small venue in Adelaide's hottest new westend laneway "Gilbert Place". This precinct is shared with the Mayfair Hotel and established neighbours such as Hains & Co and Shotgun Willies.
Level 1 is fully fitted out as an architecturally designed cocktail bar/ nightclub currently trading as "Blue Venus".
Level 2 included as a large storage area (potential for change of use of level 2 to entertainment or restaurant (subject to necessary planning approval/consent).
Annual rent for both level 1 & level 2 is only $34,839.92 plus GST plus outgoings of $28,465.94
Please note the opportunity to take over this lease & continue operating this popular business will be strictly subject to purchasing the current operators plant & equipment & full business fitout for a negotiated price with business name and signage included in the sale (if the purchaser wishes to continue operating under this name).
Property / Business features
* 2 levels
* Newly fitted out cocktail bar
* Custom made lounges and booths
* Small bar license until 2am
* Huge LED signage
* Polished concrete floor
* A very strong following of patrons
Outgoings
Annual Rent - $34,839.92 + GST + Outgoings
Council Rates - $3,246.80
Insurance - $22,418.64
SA Water - $2,800.50
For more information or to book an inspection contact agent: MATT LAZARUS 0430745100
Turnkey opportunity to take over this new popular licensed bar/small venue in Adelaide's hottest new westend laneway "Gilbert Place". This precinct is shared with the Mayfair Hotel and established neighbours such as Hains & Co and Shotgun Willies.
Level 1 is fully fitted out as an architecturally designed cocktail bar/ nightclub currently trading as "Blue Venus".
Level 2 included as a large storage area (potential for change of use of level 2 to entertainment or restaurant (subject to necessary planning approval/consent).
Annual rent for both level 1 & level 2 is only $34,839.92 plus GST plus outgoings of $28,465.94
Please note the opportunity to take over this lease & continue operating this popular business will be strictly subject to purchasing the current operators plant & equipment & full business fitout for a negotiated price with business name and signage included in the sale (if the purchaser wishes to continue operating under this name).
Property / Business features
* 2 levels
* Newly fitted out cocktail bar
* Custom made lounges and booths
* Small bar license until 2am
* Huge LED signage
* Polished concrete floor
* A very strong following of patrons
Outgoings
Annual Rent - $34,839.92 + GST + Outgoings
Council Rates - $3,246.80
Insurance - $22,418.64
SA Water - $2,800.50
For more information or to book an inspection contact agent: MATT LAZARUS 0430745100
Additional information
External websites
Adelaide, 5000 demographic data
The median household income for Adelaide is $1,365, 12% lower than Greater Adelaide's household income of $1,548. Adelaide has a younger age profile compared to the rest of Greater Adelaide (median age 31 vs 39). Property ownership data shows 43% of property owners in Adelaide have a mortgage.
18,202
Population
$1,365 per week
Median household income
31 years
Median age
Renters
Most residents
Singles
Most households
Ray White - Norwood RLA 278530249 Greenhill Road
DULWICH, SA 5065
DULWICH, SA 5065
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